After much anticipation, the Bored Ape Yacht Club’s (BAYC) Otherside metaverse is all set to drop this week. Otherside will officially launch this Saturday, April 30 at 12 pm ET, Otherside announced on its Twitter page this weekend.
Yuga Labs has also launched Otherside’s official Discord server—a move which broke Discord, to say the least. Already, the server boasts nearly 138,000 members and it’s still hard to get in! So, what exactly is Otherside? And how can you get in?
BAYC’s Otherside metaverse: What we know so far
Yuga Labs, BAYC’s parent company, dropped a teaser for Otherside, in mid-March. Since then, crypto Twitter has been abuzz with chatter about Otherside and what all it could entail. The teaser featured an ape in flip-flops and a hat, smoking a cigarette. He then fishes a potion out of the water and consumes it, which sends him to the “Otherside”—a place filled with lava and submarines.
Moreover, there were several other NFT avatars inside the submarine. Including, a CryptoPunk, a World of Women avatar, a Mutant Ape, and a Cool Cat. Speculations are now rife that the metaverse will support several other NFT collections.
Around the same time, Yuga Labs announced its partnership with Animoca Brands to build the metaverse. However, the two companies stated that the first phase of the project will require a KYC verification. Needless to say, the announcement created an uproar on Twitter.
But, here’s the deal. Otherside has announced that only those whose KYC was approved on somethingisbrewing.xyz can participate in the upcoming mint. However, existing BAYC and MAYC holders can claim the NFT for up to 21 days after the auction and don’t need to be KYC-approved. That said, they too will need to be KYC-verified to mint during the auction.
Furthermore, while Otherside did not mention this, many BAYC holders believe that the mint could be for “Kodas”. Apparently, Kodas even made an appearance in the teaser. A tiny avatar, resembling Otherside’s logo, is what carried the ape to the Otherside.
“OK but what the fuck is a Koda,” BAYC even tweeted early this week. Well, we’ll find out this Saturday!
Things to keep in mind for the upcoming mint
Apart from KYC verification, another important point to note about the upcoming mint is that it will be exclusively in ApeCoin. Nonetheless, you will also need some ETH to pay for gas fees. The mint will be a Dutch auction, meaning, the ApeCoin price will decline over time. The project will announce the starting price of the auction later this week.
Additionally, Otherside will lock up all ApeCoins earned from the auction for one year. In other words, you cannot use the coins to vote in the ApeCoin DAO either.
The mint will go live on
It’s safe to say that the Otherside metaverse is the most anticipated drop this year. We cannot wait to find out what the project has in store!